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Braidwood 60408
353 Oak Street
$255,000
● House - Off Market

353 Oak Street

Braidwood, IL 60408
bedrooms
3 Beds
bathrooms
2 Baths
$281,251
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Completely updated 2 story home with 3 Bedrooms and 2 Baths. 2 Car garage and giant yard. First floor master. Master bath has soaker tub, separate shower, and dual vanity with granite top. All new flooring, carpet, and paint throughout. Updated kitchen with granite counter tops, tile backsplash, and large island. Brand new stainless steel appliance suite. Full bath has new tub, tile surround, and vanity. First floor laundry room. Great location in Braidwood that is close to everything. This  house won't last long. Come take a look today.
Unit Size
-
Days on Market
-
Land Size
0.49 acres
Price per sqft
-
Property Type
House
Property Taxes
$334
HOA Dues
-
Year Built
-

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11208375)

Price History

Date / Event Date Event Price
Oct 5, 2021 Sold
Premium
Sold
Sep 1, 2021 Listed by Protech Realty $249,900
Listed by Protech Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,168
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HAKEY RESUB
  • Land Acres: 0000000490
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 3 IN HAKEY RESUB, LOTS 24 27 BLK 9 IN JOHN H DANIELS SUB OF CHICAGO WILMINGTON'S COAL CO'S, BEING A SUB OF PRT OF SEC.

Neighborhood

  • School District Name: Reed Custer Community Unit School District 255U
  • Census Tract: 884004

Geography

  • Parcel: 02-24-08-415-044
  • Block: 9
  • Lot: 3
  • Meridian: SEC 08 TWN 32N RNG 09E
  • Municipality: REED TWP
  • Latitude: 41.2638
  • Longitude: -88.2091

    Address

  • Full Address: 353 Oak St
  • Address - House Number: 353
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: IL
  • City Name: Braidwood
  • Carrier Code: R002
  • 4-Digit Zip Code: 2050
  • Zip Code: 60408

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $438,150
  • Tax Rate Code Area: 0207

    Appraisal Valuation

  • Standard Deviation: 0.1516
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 81
  • Final Value: 280,166
  • High Value: 322,658
  • Low Value: 237,675

    Market Valuation

  • Market Total Value: $208,941
  • Market Land Value: $27,858
  • Market Improvement Value: $181,083

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $69,647
  • Assessed Land Value: $9,286
  • Assessed Improvements Value: $60,361

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 18, 2021
  • Current Sale Recording Date: Oct 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021113737
  • Previous Sale Recording Date: Sep 01, 2021
  • Previous Sale Contract Date: Jul 27, 2021
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: 64

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Braidwood

Stats & Trends

Median Asking:

$269,900

Sale Price/ft²

$193

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1165 ft²

Average Home Age

27.8 years

Currently For Sale

22 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 405 E Reed Street, Braidwood, IL, 60408

$1,200 /mo

  • 1 Bed
  • 1 Bath
  • 900 ft²
405 E Reed Street #3, Braidwood, IL, 60408 Listing by Gino Picciola
Unit for rent at 346 E Main Street, Braidwood, IL, 60408

$950 /mo

  • 1 Bed
  • 1 Bath
346 E Main Street #B, Braidwood, IL, 60408 Listing by Robert Findlay

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Michael Ruffatto, Protech Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11208375
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 353 Oak Street built and last sold?
The property at 353 Oak Street was built in and last sold on Oct 18, 2021 for $255,000.
How much is this home worth?
The estimated value of the home located at 353 Oak Street is $252,399.
What are some comparable homes to 353 Oak Street?
There are currently no comparable homes to 353 Oak Street.
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